Binance Exchange Review - What You Need To Know About ...

HUOBI – THE EXCHANGE BUILT FOR THE FUTURE - A HONEST REVIEW BY AN USER

HUOBI – THE EXCHANGE BUILT FOR THE FUTURE - A HONEST REVIEW BY AN USER
HUOBI – THE EXCHANGE BUILT FOR THE FUTURE
A HONEST REVIEW BY AN USER
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Leon Li founded Huobi in 2013, a former computer engineer at Oracle. Huobi Global is a digital asset and crypto currency exchange headquartered in Singapore. Huobi also has local exchanges in South Korea, Japan, and through its strategic partner, the United States.
The Huobi Group, the parent company of Huobi Global, has received venture capital finance from prominent Beijing based ZhenFund and American VC firm Sequoia Capital.
The Huobi Global exchange serves traders in 130 countries. Through Huobi Global, traders can access almost 200 crypto and stable coin assets. Huobi users can download trading clients on both mobile and desktop devices.
Huobi has traded over US$1.2 trillion in digital assets, and at one time it was the world’s leading exchange by volume, capturing 50% of all global trading volume.
In terms of security, Huobi has adopted a decentralized exchange structure, which helps to resist DDOS attacks. However, Huobi has implemented the ‘Huobi Security Reserve, in which Huobi has set aside 20,000 BTC reserved for users who have lost funds either due to hacks, or exchange failures.
Ease of use
The UI is clean, user-friendly and perfectly designed with all the basic requirements for a crypto-trader. The charting software is provided by Tradingview, which is exactly what you want.
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Huobi OTC
Huobi’s OTC exchange is a good initiative. The Huobi OTC exchange allows users to trade funds peer-to-peer which doesn’t affect the market price of the underlying asset. The OTC trading-desk, with transfer options like bank-transfers, PayPal, WU, Paytm, UPI, IMPS, Alipay & many others, is an easy to use payment gateway. With a secure exchange to diversify your investment, right next door, too with effective list of Buy and Sell options for BTC, ETH, USDT and EOS coins.
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Huobi Lite
Huobi Lite App provides a convenient channel for everyone to buy cryptocurrencies at the best prices. Tailor-made for beginners, traders, and users.
We can download the App directly from the respective iOS Store or Google Play Store. Alternatively, we may access via the link: https://lite.huobi.com/download
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On Huobi Lite, you can buy Bitcoin with your local currencies, credit card, or exchange cryptocurrencies tokens, with zero fees at competitive prices. Huobi Lite currently supports MYR / HKD / VND / USD (Credit Card deposit only), with more to come in the future.
Huobi Derivative Market (Huobi DM)
Margin Trading
Huobi Global launched Huobi Derivative Market (Huobi DM) exchange to selected countries. It provides margin trading, with very low daily loan interest rates of 0.1%. Margin Trading allows users to increase their investment exposure given a limited base principal to enjoy multiple returns.
3-Steps taken in Margin Trading:
  1. Request for Loan
  2. Trade on Margin (Long/Short)
  3. Repay Margin Loan and Interest
With the introduction of Cross Margin on Huobi, users will have to explicitly input the respective margin type before executing the above 3 steps. Balances on the Cross Margin balance does not show on the Isolated Margin balance.
Huobi Futures
Huobi Futures is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment.
The Huobi Futures Contract adopts spread delivery. When the contract expires, all open positions will be closed at the index-based last-hour arithmetic average price, instead of physical delivery.
BTC/ETH/EOS/LTC/XRP/BCH/TRX/BSV/ETC Contracts are available on Huobi DM. Contracts are priced in USD, with corresponding digital currency (BTC/ETH/EOS/LTC/XRP/BCH/TRX respectively) as margin to open positions, and PnL is also settled in corresponding digital currency.
Weekly, bi-weekly and quarterly contracts are available in Huobi DM. Weekly contracts will be settled on imminent Friday; Bi-weekly contracts will be settled on next Friday; Quarterly contracts will be settled on the last Friday of March, June, September and December.
Choices of leverage: 1x, 5x, 10x, 20x
Huobi Perpetual Swap
Huobi introduced Perpetual Swaps on March 27, 2020 (GMT+8). Huobi Perpetual swap is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. Similar to a margin spot market, its price is close to the price of the underlying reference index. The main mechanism for anchoring spot prices is the cost of funds. Perpetual swap have no delivery date. Users can always hold it. Perpetual swap are settled every 8 hours. After each settlement, the realized profit/loss and unrealized profits/losses are transferred to the user account balance.
Partial Liquidation
Huobi Futures adopted partial liquidation to help position holders reduce liquidation risk. Users with large positions and high leverage bear high risk. Huobi Futures releases partial liquidation with the aim to lower possible losses due to high price volatility thus giving users better trading experience.
Under partial liquidation mechanism, when liquidation is triggered, instead of liquidating all positions at once, the system reduces positions gradually till a grade whose margin ratio is great than 0. Full liquidation will only occur when the margin ratio of tier 1 upper limit net position still fails to be great than 0.
Trading Fees
The Huobi exchange has a fair trading fee structure. Every asset traded via Huobi Global is subject to a 0.2% trade fee, for both market makers and takers. Further, Huobi Global has introduced a tiered fee system which offers competitively lower fees for high volume traders. VIP membership gives access to various fee reductions and other benefits.
Huobi Prime
Huobi Prime, the Launchpad platform which we can call Direct Premium Offering (DPO), does share some similarities with initial exchange offerings (IEO) like Binance Launchpad, but it is unique as it is not a fundraising platform, and any coins purchased on the platform are immediately deposited into the users’ wallets and tradable on Huobi Global. Huobi Prime offers its users early access to the coins of premium projects, which can be bought using its native crypto currency, the Huobi Token. To avoid dumping, Huobi has implemented an innovative idea of a period of tiered price limits.
Huobi FastTrack
Huobit FastTrack, rebranded from Huobi Prime Lite, is a new listing model. Wherein, all participants will have a direct say in what projects are listed on Huobi Global and when. In addition, winning voters will get access to quality tokens at below market rates. The program also provides much needed exposure and a straightforward listing process.
Huobi Wallet
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Huobi Wallet is the official mobile wallet of Huobi Group, a leading global digital asset financial service provider. It is a multi-chain asset management tool that provides native support for various types of blockchains and all of the ERC20 tokens. So far Huobi Wallet supports BTC, BCH, LTC, ETH, ETC, USDT and all ERC20 tokens.
Huobi wallet is the first wallet to expand support to cover seven stablecoins including, Paxos Standard Token (PAX), TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD), Dai (DAI), Stasis EURS (EURS), and Tether (USDT).
Huobi Wallet is built based on the core principle of security-first. The wallet gives back its users, complete control of their private keys. In simple terms, You own your assets. The wallet is backed up with mnemonics, so in future when you want to import your wallet, it’s just simple few clicks.
Currently, the wallet is compatible with both iOS and Android devices and you can download both from here (www.huobiwallet.com/en)
Huobi Chain
Huobi launched Huobi Chain’s Testnet (“the Testnet”) on February 29th 2020 (GMT+8). Huobi Chain is China’s autonomous cum compliant-ready blockchain platform, and is committed to providing a global, blockchain-based, digital asset infrastructure. Huobi Chain is committed to providing a high-performance, blockchain-based, global digital asset infrastructure. Once the Mainnet goes live, Huobi Chain will announce HT- related events: e.g. pledge HT to be a Super Node, etc.
HT Lock & Mine (Huobi Pool)
Huobi launched HT Lock and Mine operations on 25th July 2019 (GMT+8). Users who lock HT tokens receive daily HPT rewards. Specific reward quantity will depend on lock option period selected, quantity locked and Huobi Pool’ s mining hash power and daily float.
DPOS Rewards: All Huobi Global users with more than 1,000HPT holdings in their HBG account will receive DPOS mining rewards. Currently, token reward received under DPOS mining include EOS, TRX, CMT, ONG, IOST, ATOM, IRIS, LAMB。
Huobi Support
Users of the Huobi exchange can access 24/7 live chat and Huobi help center. Those facing issues can also open a support ticket to have their issue resolved by an expert representative immediately.
The Huobi Group has a very active YouTube channel, featuring Huobi Talk, where it posts user tutorials, detailed guides, and crypto currency information for traders.
What I like the most about Huobi
  1. An established platform that’s been operating since 2013, which is a long time in the crypto world.
  2. Highly secured with decentralized exchange structure, which helps to resist DDOS attacks. Huobi has never suffered a large hack.
  3. Huobi Security Reserve of 20000 BTC to compensate users’ loss of funds.
  4. Dedicated, fast and 24/7 customer support.
  5. Regulated in major jurisdictions.
  6. User interface is very smooth and clean.
  7. Over 230 crypto assets are available.
  8. User education program is good initiative.
  9. Separate trading desk for institution and firm size users.
  10. Very transparent about its operations, listings and projects.
  11. Huobi Wallet is secured and very easy to operate.
  12. Huobi mobile app is smooth and very easy to use.
  13. Competitive fees.
  14. Has taken serious steps towards avoiding wash trading.
  15. Impressive array of trading pairs.
  16. Has given more important on community participation, like voting for listing, mining pool, Huobi Knights program etc.
  17. I like Huobi Prime because of following reasons: -
(a) Purchased tokens are immediately deposited into user’s accounts,
(b) As projects launch exclusively through Huobi Prime from day one, all users get assets at the best price.
(c) Tiered price limits on the platform protect both investors and projects from immediate dump.
  1. Huobi screen projects and launches which are only the best. I don’t have to worry about poor or scammy projects.
  2. Burning of HT is a great move and it would benefit long term holders.
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite_code=7zkb4
Visit
Huobi Global: https://www.huobi.com/en-us/
Join Indian Group: https://t.me/huobiglobalindia
Global telegram Channel: https://t.me/huobiglobalofficial
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite_code=7zkb4
submitted by VinayTM to HuobiGlobal [link] [comments]

Recap of AMA with Zac on July 3 and Q2 report

Dear Pundians,
Thank you for participating in the AMA session with Pundi X co-founder and CEO Zac Cheah.
For those of you who may have missed it, the live recording of the AMA session held on July 3 at 10:00 am GMT+8, tackling Q2 progress and addressing questions and concerns by the community members, can be viewed here. A side note that today’s AMA video quality and setting was not ideal. We acknowledge this situation and will make improvement for our next AMA session.
You may also find a summary of the Q2 progress presentation as well as all the detail Q&A below.
## Pundi X Q2 2019 Highlights
* Pundi X has integrated more public chains into our products. In Q2, we completed integration of Binance Chain. NEM chain is in the work. As of today we’ve launched BNB, the Binance Chain native Coin and XEM, NEM native coin on Pundi X payment platform. We will integrate at least one more public chain in Q3.
* The transactions on XPOS for Q2 is 15.5 million in USD, which is close to 300% quarterly growth. The number of transactions is 29,367, which leads to a 11% growth QoQ.
* XPOS has successfully received FCC and KC certifications. A new certification for Latin American market is on the way. * To expand XPOS footprint, Pundi X’s integration with a new leading mainstream point-of-sales device is in the work. Stay tuned for the announcement.
* Pundi X Open Platform was launched in May, 2019, which now supports ERC20 and BEP2 token listing. Moving forward, we will continue to support tokens from other public chains.
* A 3,000 XPASS order from DigiX, a gold-based token, and a 10,000 XPASS order from BitCobie this quarter.
* XPOS is spread in use in over 30 countries. We’ve published a map of XPOS location of self-report XPOS merchant directory. You can find a list of selected XPOS merchants at [https://www.pundix.com/products\](https://www.pundix.com/products). * The QoQ growth of XWallet is tremendous at 43%. In the previous quarter, we have less than 20k users, whereas in Q2 we have hit 297k XWallet users.
More updates on XWallet:
* Supported BNB and NEM tokens; 2FA, face ID, and optimized SMS serviceAvailable on iOS, Android as well as in Samsung Galaxy Store
New features coming up in Q3:- DApp integration - Decentralized wallet- In-app crypto payments - Chat service, which will be compatible with a commonly used chat app- f(x) testnet features to be rolled out first in XWallet
## Other notices coming up in Q3 2019
* The Q2 token removal will take place on July 14, 2019, which will involve in total 34 billion of NPXS and NPXSXEM (22 million worth in USD) removal. In the past 365 days, we’ve removed a total of 36.1 million US dollar worth of NPXS and NPXSXEM.
Before Q2 removal, the total supply of NPXS ERC20 is 266,962,422,906.53 and NPXSXEM is 95,816,218,929. [See Q1 removal here.](/pundix/recap-of-ama-with-zac-on-july-3-and-q2-report-a23de165dd28)
* [NPXSXEM will be ported to Binance Chain from July 20](/pundix/npxsxem-will-be-on-binance-chain-c6485f17726b). * XPhone pre-order will start in late July with a new product name. Stay tuned. Check out the teaser video that we are releasing it across our communication channels. ## Q&A
## On XPOS
* **Where are we on official global location of XPOS?**
Zac: We have made a map on our official website that merchants can self report and feature their locations. It’s at [https://www.pundix.com/product\](https://www.pundix.com/product). We’ll be increasing and updating the map once we have permission form the merchants to update their locations.
* **The marketing from pundi has shifted from 100,000–700,000 xpos units by 2021 to 100,000. I understand the bear market has affected this but please share the strategy moving forward to hit your goal. How do you feel about hitting this goal?**
Zac: The 100K XPOS target has always been the initial goal and it’s stated in our whitepaper. And we are still working on achieving the goal by the end of 2021. Part of our growth strategy is to also explore the possibility to port our platform to traditional POS manufacturers to increase the adoption, which is ongoing at the moment.
* **1 year ago you sent 5000 XPOS somewhere. When, at least half of them, will be working? 3 year target was 100,000 by 2021. Now we have only 150 units, how do you expect to reach this goal?**
Zac: Yes, we have shipped thousands of XPOS to over 30 countries in the world. The 150 you’ve mentioned are the featured merchants which are published on the map. The active XPOS devices are deployed over 33 countries and we are actively talking to B2B partners to have higher wholesale and big deployments.
* **How many XPOS are live and used?**
Zac: We have gone through a very serious bear market, and some of the initial inbound requests for XPOS are not delivered. However, we are working slowly but surely with our Business Development team to not just roll-out into individual buyers, such as what we did on Pizza Day, but also to B2B partners. With the certifications approved, that will also help us to officially roll out to some of the key markets.
Individual merchants can use XWallet collection feature to accept crypto payment with QR code. For the merchants who have physical offline storefronts, they can use XPOS to enable the instant crypto transaction seamlessly. Moreover, as mentioned previously, we are exploring the integration on leading traditional POS terminal so that their distributors have option to enable crypto transaction feature. As for the challenge to adopt XPOS, it is the regulatory compliance in different countries. For this, our legal team think ahead and encourage our merchants to complete KYC.
I must be very honest to say the activation takes longer time than we expect but it will be worth at the end.
* **What’s the average number of transactions per xpos in use?**
Zac: The transaction number has increased very well. The number of each XPOS differs, due to the frequency of using crypto currency to purchase item or crypto assets. There’s no standard answer to this, but overall we see the transaction number and volume are going up.
* **How do you plan to reach the target of 100,000 by 2021?**
Zac: One of the challenges that we have is regulatory compliances in different countries. There are certain markets that do not allow crypto currencies and some require a clear approval for us to deploy XPOS. We are working on both challenges by talking to governments and applying for certifications. So how we plan to reach 100,000 XPOS user by 2021 is to work with distributors, B2B partners on a government / business level, and with existing POS companies to integrate our software solution into the system.
* **We understand as there was bear market and hence Xpos usage demand was low. Are you guys seeing growth of Xpos usage with current market conditions. Can you guys put some statistics comparison like last 30 days Xpos usage vs any month from bear market usage?**
Zac: It is very clear that as we moved out from the bear market, the demand for XPOS has been increasing. As we’ve shared just now both the transaction number and volume of Q2 have beaten Q1. We’ll be able to share more transaction numbers once we receive approval from our XPOS merchants.
One exciting thing is that, with the listing of different tokens, we also see users using these tokens as a way to transact on XPOS, which means we will be having more ways to transact and this is a growth point for XPOS.
* **When will there be more details for XPHONE and XPOS HANDY?**
Zac: For XPOS handy, we have finished production and it will be released in Q3
* **When will the iOS version of XWallet and XPOS be fully translated to other languages?**
Zac: Right now, the XWallet has Traditional Chinese, Korean, Spanish, German and English. With the latest version update, it now includes Portuguese. XPOS also comes with many languages and we hope to finish with more language, either working with professionals or volunteers. If you’re interested in volunteering, please contact us.
* **When will the Merchant back office have Product Registration and SKU id ability and also integrate with other POS software?** * **When will the top-up feature go away for XPOS to allow liquidity for XPOS**
Zac: We constantly update features in XPOS and merchant backend to make it easier for distributors and merchants to use. We understand that one of the ways for mass adoption is to enhance our distributor management system. With that, the distributors can manage manay XPOS at one time with different merchants.
Please stay tuned as we announce more and more functions of this feature.
## On Dubai
* **When will we see the deployment of the XPOS in Dubai?** * **Can we spend NPXS on the Dubai XPOS?**
Zac: As with all big projects there are a lot of moving parts, that includes working very closely with the local government, in Dubai’s case, the Credit Bureau of the Finance Ministry. Things are progressing for the Dubai project but due to confidentiality agreements with the parties involved, we cannot reveal much. All we can say is that we and our Dubai partners are working hard to have XPOS roll-out in the Dubai market and the UAE.
We are also discussing aggressively with Dubai partners whether to include crypto assets in the XPOS in Dubai. That clearly will involve local compliance and legal for that to happen.
* **Your system upgrades expect merchants to have downtime on their XPOS terminals, can you explain if you plan to run a business why this would be considered feasible (specially at the rate you have been doing your upgrades)?**
Zac: Yes, the benefit / strength of the XPOS is that most of the updates can be done on the fly. For example, when we have a token update on our XPOS where developers submit their tokens on Open Platform, the updates of this token are on the fly, which means that once we approve the token on our Open Platform, it will automatically appear on XPOS without any software updates.
The great thing that we believe about XPOS is not just the support of crypto assets, but also the ability to update most things on the fly, which means that whenever we have a good feature or a new token, the updates will be done instantaneously.
* **Can you guys arrange at least a community voting which is the next blockchain we would like to see next in XPOS? Voting will help to prioritize to chose the projects.**
Zac: One of the reasons why BNB is being listed on the XPOS is simply because of its popularity and also our user demand, in a way that we are already answering to our community’s request.
Right now, our main focus is getting all the tokens submitted on Open Platform to be listed on the XPOS. The submission process includes legal and compliance valid, so our legal and compliance teams are working hard to make sure that we have more tokens to roll out onto Open Platform, which means that they will be on XPOS, XWallet, and XPASS.
As to a specific voting mechanism, we’d like to consider that and hopefully we’ll be able to run a specific voting for the chain which users would like to see.
* **While comparing Xpos handy to Square POS devices at least with mobile it’s very cheap like under $30 and easy to use. When can we expect such light weight and cheaper version for XPOS? Is team working on such devices ?**
Zac: There are different POS companies around the globe and pour focus is to work with these POS companies with our software, so that a crypto sales feature will be part of the existing POS system. The more support of crypto asset usage using our software on existing POS, the better it is for global adoption.
We actually strongly believe that the pricing of our POS system is competitive in the market. And one of the great features of the XPOS is that the merchants will not need not to pay a certain percentage to existing acquirer but to be able to earn certain percentage from each transaction. That is the key differentiator for merchant to want to adopt this.
* **From the website with some of the key Countries for XPOS adoption looks great. However, the concern is for Venezuela, there is no reference link like the others have. Can you guys add the link with details to clear the ambiguity?**
Zac: Let’s give a little bit more patience so that we can actually release more information about our Venezuelan partnership. The good news is that we expect concrete news from Venezuela in the coming 2 weeks. So stay up-to-date about our Venezuelan roll out on XPOS, the best way is to subscribe to our telegram group for Venezuela.
## On Partnerships
* **Are there some major partnership in the works? I’m also interested in how you do immediate transactions? Do you anticipate scaling issues?**
Zac: The way XPOS is being designed is that when you use your crypto assets to purchase, it will have instantaneous confirmation because the action is an off-chain process. An on-chain action happens when a user who owns crypto assets in our system transferring the assets out of the Pundi X ecosystem to their own wallets; or to transfer crypto assets in Pundi X from an off-chain to a private wallet, which we will have very soon on XWallet itself.
That is why we are able to handle scaling. When a person wants to use crypto currency to buy a coffee, the transaction will happen instantaneously.
For specific partnership, especially with B2B partnership, we oblige to the NDA that we have signed. But if you follow us closely, you’ll know that we go to different parts of the world, talking to major companies to try to land more deals so that NPXS usage will increase dramatically.
* **Any big partnerships for making xphone or using the software for xBlockchain?**
Zac: These partnerships are also subjected to NDA, so please be patient for us to release more news.
* **When will XPOS have approval to process Visa and MasterCard payments?**
Zac: We have met representatives from these players including some of the key management people. They are obviously looking into crypto currency attentively, and we hope that there’s something we can do with MasterCard and/or Visa.
This is something that the community has suggested and we agree fully. Please allow us with some time to work on this. We have also showcased XPOS to the CEO of MasterCard. For what or when will anything happen, please wait for our official announcement.
* **What’s the status on Quantum fund and their contribution or involvement with Pundi’s project?**
Zac: We announced last year that we are creating a fund to invest in projects beneficial to our ecosystem. We’ve identified some interesting projects, and we have invested in at least 1 project. The reason why we’re investing in that project is because of the services that it will bring onto the Pindi X ecosystem. So the purpose of the investment of the companies is that these companies in turn will benefit on our ecosystem. This is our key consideration.
The team has evaluated the projects that will benefit the Pundi X / Function X ecosystem. Vic and his team will be able to reveal more details on the companies we have invested in and how they will contribute to our ecosystem in Q3.
* **Recent update on NPXSXEM is highly ambiguous as mentioned that it will be now BEP token and later once FX goes live it will get back to Fx platform. Why you guys had so rush to use Binance chain only for few months? Isn’t you guys switching to much in a short time span?**
Zac: Liquidity and utility have been an issue for NPXSXEM. Due to the design philosophy and the limit of token that can be created on NEM’s smart contract, we are only able to create a small number of tokens on NPXSXEM. By moving into the Binance chain for NPXSXEM, the BEP2 token version will be able to support all the NPXSXEM tokens, which means that we’ll migrate and also be able to make sure all the NPXSXEM tokens are under the same contract address.
We believe with the strong liquidity, we will be able to give our NPXSXEM token holders a good reason of what the token holders have been waiting for. We hope to bring NPXSXEM to match the level of NPXS.
* **When #XRP?**
Zac: Our OpenPlatform is a currency agnostic platform, which means that we will work on integrating public chain as well as tokens that are most requested by the users. We’ll also be looking into the listing of different tokens that are being mentioned by the community.
As said, we will have at least one more public chain integration in Q3, perhaps even more.
* **Are you as a company going to try and connect with libra? If they have said they want to be a payment remittance service, have Square, PayPal, Visa on board I as an investor would prefer you try to join them rather than beat such large competitors**
Zac: Of course, we’ll be delighted to work with Facebook and also the Libra coin. Pundi X and XPOS is a currency agnostic / currency neutral platform, if there’s opportunity to list Libra coin or work with Facebook in different ways to promote crypto currency adoption, we’ll certainly look into that and work on reaching out to them.
## On Trading
* **Can you confirm during AMA, Pundi team is not involved with any trading with their own token like selling over time to manage the fund to run the company.**
Zac: All the wallet addresses of the team holdings are disclosed and transparent. This is one of the first things that we did after ICO. Hence, our token holdings are transparent and everyone can monitor our fund transactions. Also, we have strict internal financial regulation and compliance, shows that we are here to build a long-term project.
The best way to make NPXS or the NPXSXEM to rise is real daily life use case.
* **When will you stop manipulating NPXS chart?**
Zac: Our focus has always been and will be building great products. The more product usage, the demands for NPXS and NPXSXEM will increase. Let’s address again that, Pundi X the company is NOT involved in any manipulation of the NPXS price.
There are trading teams, market makers, financial institutions that profit from the drop and rise of token prices in the crypto market. The good thing about NPXS is that we have managed to create a high liquidity by listing on 40+ exchanges and having global trades and demand from all over the world. We hope this and coupled with the fact that we are a solid product and roll out the use cases, the demand of NPXS will only continue to rise and will be able to deter any of the traders or speculators there is for NPXS.
These traders gain profit from manipulating tokens whether BTC or other tokens. In fact, the traditional financial markets have similar challenges as well. What I want to stress is that, we at Pundi X, do NOT speculate or manipulate the price. We work very hard to create demands for NPXS and as a company, it is only beneficial for us to see the prices of NPXS and NPXSXEM rise.
* **Can we please address the elephant in the room which is the Binance bot with huge sell walls and buy walls causing huge distress and concern among users?**
Zac: First, I cannot confirm nor deny that whether Binance has a bot. I think this is something that you need to ask Binance. We need to work with Binance because Binance has one of the biggest liquidities, if not the greatest liquidity, for NPXS. The best way to counter manipulators is to create more use case, more demand and more acceptance of our tokens.
* **Why on almost all exchanges do you not offer a USDT trading pair?**
Zac: We have USDT trading pairs on Bittrex, Bittrue, and more. In addition, we have fiat pairs in Korean Won, IDR, INR, and Turkish liras. We will continue to work on adding trading pairs for NPXS to make it more liquidate.
* **Why don’t you offer a stable coin sell and purchase on the xpos to help with adoption? Places in Africa with volatile currencies would go crazy for this.**
Zac: It’s a great observation. This is a request that’s been asked from many users. We’re working on stable coin listing on XPOS and hopefully it’ll come soon. Stable coin requires a greater compliance and legal validate, which we have been working on since months ago and we hope to have the stable coin up in XPOS soon.
* **When will you add an active tracker for coin burn, whether its measured in usd, NPXS or whatever you choose. The community has been asking for this on twitter, reddit and telegram for this entire year.**
Zac: It will be hard for us to have a daily tracker of the coin burn, but what we might be able to work on is a tracker which have shown all of the tokens that have been removed from the usage. Thank you for giving us this great suggestion and we will work on it in some form.
Zac: Our token supply has always been specified in our white paper, and as promised in our white paper, we will continue to remove tokens through usage and use cases, which we’re working on all the time.
* **Price movement. When will NPXS go to which price?**
Zac: We cannot comment on the change of the price. Our focus is on building products. We hope by doing that the NPXS value will go up. Again, there’s no way that we can comment on the price.
**I believe that burning tokens every 14 weeks keeps the price suppressed and will only lead to huge pumps and dumps. Imo, If the burns were more frequent, the price would move organically.**
Zac: We continue removing tokens quarterly per advised by our legal and compliance team.
**Is it mandatory npxs swap? What happens for token we have in binance?**
Zac: No it’s not a mandatory NPXS swap for FX.
**How many NPXS or NPXSXEM was converted?**
Zac: In Q2, we will remove 29B NPXSXEM and 9B NPXS.
## On XWallet
* **Why not put in XWallet like the place where we can buy and sell like restaurants and shops?**
Zac: You are correct. In fact, if you look at XWallet, there is a merchant feature, whereby you can register as a merchant. By becoming a merchant, you will be able to print out your QR code and stick it on your restaurant. People are able to make payment through this QR code. This will act like a mini-XPOS.
* **In addition to that having multiple different blockchain in XWallet will increase the XWallet adoption. Hence, we would like to see aggressive game plan and execution from the team and would like to hear that**
Zac: That’s a great suggestion. Every day we want to increase use cases for XWallet. In fact, our XWallet update is one of the most frequent in the market. Within 5 months, we have over 10 updates on iOS and Google Play. This does not include soft update which happens every several days. In my view, the effort is very tremendous.
* **Is there any plan to add Swap option within XWallet so that people can trade the coins within XWallet?**
Zac: Yes, there’s such plan and in fact there is an upcoming feature that people will be able to use coins in XWallet to exchange into other things. The exact form and format have not been reviewed. We hope to share more when we have concrete example. But what you suggested is what we are planning for months ago.
* **When will XPOS and XWallet have fiat on ramps?**
Zac: This is a good question. It’s not only involved with regulatory compliance but also involved the technical part. This is also something we are planning for months. Once approved, hopefully we are able to support fiat currency on ramps and off ramps on XWallet.
**On Others*\*
* **How is the internal organization doing? Currently how many employees work for Pundi? Currently how many job positions are open?**
Zac: Pundi X has grown tremendously. We are now having over seven offices around the globe. I’m sitting in the Singapore office. We have office in Jakarta, Taiwan, Tokyo, Shenzhen, São Paulo and London. These are the places we have physical offices and house approximately 100 full time employees of Pundi X.
The positions open from Pundi X are legal associate in Singapore and other offices. We are looking for more R&D people, especially in Taiwan. We are looking at marketing and PR people in different parts of the world. And we are looking for POS distributors. As a POS distributor, you will work with our business development team and also our technical team to roll out many XPOS which you have a network to control in your local market.
* **Would you consider removing the KYC to allow u.s. holder to stake and be rewarded?**
Zac: We would love to have more users, including US. However, our compliance and legal advisors have not allowed us to accept US holders to stake and be rewarded.
I’m sorry to say that but this is after serious consideration to make such a decision. In fact, it is a very hard decision because we have healthy user base in the US.
will continue to monitor the situation in the different markets and be compliant. There are also ways to be rewarded when using XWallet service without KYC. We are looking into to explore more on this and launch new features. Hopefully we are able to bring the beta version for you to test this week or next.
**On XPhone*\*
* **Where are we on pre-sale announcement of Xphone? It was highlights of Q2 goal. If we are getting delay, that’s ok. But at least community will have some clarification why it’s getting late and when approximately it coming?**
Zac: Pre-sale order will start this month. It’s likely the end of July. Pre-sale will take place in different channel including the official website and XWallet. Apart of our own channel, the pre-sale will go live on a 3rd party channel. People will be able to pre-order crypto either in crypto or in fiat.
* **Can you discuss in AMA, is participants can pay with Crypto or Credit/debit card or in both ways?**
Zac: As a crypto company, we prefer payment in crypto, but fiat, Visa, MasterCard, and other traditional payment methods will be accepted on different pre-order channels. Stay tuned for pre-order which will happen in late July.
* **Will the Xphone be open to purchase in all regions of the world?**
Zac: Yes, pre-orders will be able to be done on-line, and products will be shipped from our offices to users in different parts of the world.
* **Will the blockchain mode on the Xphone be operable during the testnet or will this function not work until mainnet?**
Zac: XWallet and XPhone are the first channel and avenue for Function X testnet, so once the testnet is operateble, we will start to engage certain services on XWallet and XPhone into Function X testnet, and ultimately into mainnet. Slowly but surely.
* **Does Xphone have hard protective cover,extra Sim slot, also is it enhanced with ip68 water rating?**
Zac: XPhone will not be waterproof, so please do not submerge XPhone into water. XPhone will definitely be eavesdrop-proof because we’re using a blockchain mode, only you and you control your own conversation.
* **Which country accept the Xphone?** * **Will I also be able to use the SIM-card?** * **The blockchain modus will work in every country (what in the absense of nodes)?** * **Will the XPhone I buy now support updates in the future?**
Zac: People from any country will be able to buy XPhone on-line. You will be able to use a SIM for we have built a SIM slot. Wherever you are, the XPhone can be turned on to become a node.
Will XPhone support future updates? Yes, of course. Just like the XPOS, we support silent update. It will be like how we support XPOS, many updates. The updates will always be supported on XPhone.
**On Function X*\*
* **When is the detail white paper coming for FunctionX? Why the team is very resistive to have well documented white paper? We need scientific approach and well documentation on FunctionX to have developers to be more involved.**
Zac: Yes, developer involvement is a key criterion of the growth of Function X. We have done 2 things, one is that we have set up Function X Foundation which is led by David Ben Kay and will involve third party adviser and board members. Second, we have set up a developer relations team led by one of our own members as well. This team will work on creating developer documents, developer demos and sample, so that excellent developers can tap into working with Function X resources.
The first version of developer documentation is ready in English and Chinese. We are still polishing up the documents and hopefully to release them soon.
We are also working with third party developers, and are engaging at least 2 third party developer companies, so that we can help create their services on Function X and also XWallet.
We are hoping to showcase a smooth and usable service to the audience, we think this is the key criterion of the Function X growth.
Thank you for this suggestion. We need to update more often on github developer documentation as well.
As for the white paper, we did not have one per se because Function X did not do an ICO. But we will continue to update our white paper and include not only technical details, but also details on the chain and how we can get more developers and users so that the future hardware will be added as a node and you will be rewarded financially, at least through our ecosystem genesis fund. Please stay tuned and there are a lot of things going on in the company. Each and one of us is working hard.
* **Why does the FX ecosystem need a decentralized OS?**
Zac: The mantra of Function X is decentralization and having private control of your data. A full private control of your data comes with a decentralized system not just in transmission of your data, but with the operating system built fully for decentralization , which includes a transmission protocol replacing http. The apps uploaded into Function X will be decentralized as well as the data that is stored on the app, which means that how BitCoin or crypto assets are verified on different nodes will also be part of the way we store data and content.
The decentralized OS is key to fulfilling a decentralized environment for a more private and free usage.
* **What about FX are you most excited about?**
Zac: We are actually creating a shift of how people view of blockchain and how decentralization is not just about transacting commercial commodity, but also data, including your identity, are all decentralized. That is what we are most excited about.
The only way for us to achieve this is to have developer support, for we need the developers to build on the foundation we have to offer those exciting services.
* **We understand that developing a new blockchain is time consuming. As a community we are in a dark space to understand where exactly the development of FX right now.**
Zac: We are working hard on creating the testnet and eventually the mainnet. For the latest updates of Function X, what I can encourage you to do is to go on and subscribe to the Function X telegram group where discussions are made. We have formed the Function X Foundation and created the developer relations team, so that the Function X progress will go smoother and with more partnership from outside, whether it’s developers, third party companies, teleco, etc.
* **When FX goes live on the mainnet, will FX coin be used to stake and earn NPXS? how will staking work on that new mainnet?**
Zac: The NPXS/NPXSXEM staking will last till March 9, 2020 as announced. What we are committed is to create more use cases. For FX tokens, the use cases will be focusing on the Function X Chain and the use cases on Function X that include DApp on Function X and different hardware/software services.
* **When fx testnet will be available?**
Zac: First I would like to thank you for your constant support. In Q3, we plan to open Function X testnet so that we will be migrating and creating certain use cases that can be used on Function X testnet, starting with our own XWallet. Which means, the XWallet will migrate some features into Function X testnet, and slowly followed by our other Pundi X products, including XPhones, XPASS, Open Platform and Function X own developer related products from third parties.
submitted by crypt0hodl1 to PundiX [link] [comments]

Goodbye, Coinbase. Hello APPC: An alternative method to purchase cryptocurrency directly from the Android "Aptoide" app store. 200 million Android users will be holding cryptocurrency by the end of this year.

I recently stumbled upon the "APPC", or "AppCoins" token on Binance while browsing new coin listings.
Like any half-decent cryptocurrency enthusiast, I was intrigued. "Aha! A new coin!"
I took a deep breath and prepared to take a deep dive into the bowels of the internet to figure out what APPC is all about. And by deep dive I mean I googled "AppCoins" and went to their website.
"Oh, they're trying to make a new app store. Good luck competing with Google Play and the iOS App Store!"
Given Google and Apple's combined gigantic market share of the space, I was inclined to move on to the next lucky contestant on the Wheel O' Coins. But on a whim I kept scrolling.
I thought "Wait, what? 200 million users? Over 4 billion downloads? What am I missing here?"
Apparently AppCoins isn't a token from a new startup - it's the token from Aptoide, the #1 ranked alternative to the Google Play store.
From the developer's side, the token is used as an incentive for users to download their apps. The end user is rewarded with tokens based on a unique system that determines if the user is actually trying out the app. The tokens are also used for in-app purchases. They can also be sent to and from one another.
But enough about the token value proposition. You can research it in depth yourself and buy some on Binance if you're so inclined. Whether or not you buy the coin for speculation purposes is not the purpose of this post.
So...what does this have to do with Coinbase?
Well, let's first take a quick look at the AppCoins roadmap:
By the end of this year over 200 million Aptoide users will have the ability to purchase, earn, and use AppCoins from right within the app.
To give some perspective, Coinbase has 13.3 million users as of October 26, 2017 according to an article from CNBC.
Aptoide has over 15 times the number of active users compared to Coinbase.
OK, you have my attention. Starting to sound like a shill post though. Get to the beef.
Buying cryptocurrency through Coinbase is expensive. Users are nickle-and-dimed at every opportunity:
Let's say you're not interested in buying Bitcoin, Bitcoin Cash, Ethereum, or Litecoin.
Instead you want to convert your hard-earned $2,000 US dollars into something else like Ripple. Here's how it plays out:
Your initial deposit: $2,000 Deposit fee: $0 (ACH to receive funds in 3-5 days) through $79.80 for debit/credit card fees
Now you have $1,920.20 - $2,000 in your Coinbase USD wallet
You decide to purchase ETH with the intention of transferring it to an exchange that sells Ripple:
ETH buy order: $1,920.20 - $2,000 Transaction fee: $29.80 for ACH. Fee included in credit/debit deposit (so $79.80).
Total purchase fees from deposit to ETH acquisition: $29.80 to 79.80
EDIT: Adjusted the fee rate schedule to make them accurate. Do these fees still seem reasonable to you, even after the decrease in fees? Search Reddit for complaints about Coinbase fees and see what you find. And if you're unconcerned about the deposit transaction price, how about the speed of transaction to fee rate ratio? If we want cryptocurrency to be widely adopted then it should be friction-less.
Come on. Everyone knows that Coinbase is expensive. That's why I deposit my fiat into GDAX to buy crypto. The fees are significantly lower. Quit wasting my time.
Well, that's partially true. Anyone worth their weight in SHA256 hashes knows that GDAX is dramatically cheaper than Coinbase for depositing and purchasing BTC, BCH, LTC, and ETH.
The part that isn't true is that everyone knows that GDAX is cheaper. A more accurate statement is "every cryptocurrency enthusiast/trader knows that GDAX is cheaper". Coinbase does not advertise that GDAX has cheaper fees. There is no GDAX app for a reason - it would heavily cut into Coinbase's bottom line.
Your average crypto newbie buys their first coins through Coinbase because, let's face it, they have an app. Buying crypto on an app is something that your average person can comprehend. Apps are easy to use, trustworthy, and nearly everyone can do it regardless of their age and technical skill level.
Right, apps are easy to use. What a novel thought. You should tour the world giving Ted Talks about how easy apps are to use. Now could you PLEASE get to the point.
OK! I apologize for droning on. I'll cut right to the chase:
Instead of jumping through all the aforementioned hoops with Coinbase, you buy AppCoins from the Aptoide app store and send them directly to your favorite exchange. Then trade the AppCoins for the cryptocurrency of your choice. In theory it should be a faster and more cost-effective way to purchase cryptocurrency.
Hmmmm. OK, I'm starting to understand where you're going with this. But I'm still going to use GDAX. I'd rather buy ETH from GDAX.
Hey, to each their own. I'd rather buy coins in 30 seconds with a couple of taps on my phone and send them right to Binance.
Oh come on. Now you're just shilling. Your whole rant was just a ploy to shill this coin. I'm going to another thread.
Honestly, no. I didn't write this to shill. I guess I'm just tired of Coinbase. And I bet there are others that are less than pleased with their business model and customer service. Remember when they didn't distribute all that Bitcoin Cash?
Ugh, yes. Don't remind me about that.
Sorry! Didn't mean to upset you. I know its a sore subject.
If you read this far then congratulations, you have more patience than your average cryptocurrency trader. May your candles always be green.
Some interesting facts:
Needless to say, I think that Aptoide and AppCoins is a project to be excited about regardless of whether you're a cryptocurrency trader or completely uninvolved with the cryptocurrency space. Cryptocurrency is going mainstream this year!
To avoid confusion since Coinmarketcap has APPC listed incorrectly, here is the current accurate financial information. People are going to ask anyway so I would rather supply the correct information:
Circulating supply= 98M APPC Total supply= 246M APPC Coin Price = $2.53 ICO Price = $0.10 Market Cap (CS x P) = $247,940,000 Days on Exchange (Binance) = 7
Thank you for reading!
EDIT: Spelling
submitted by Deliverah to CryptoCurrency [link] [comments]

EASIEST WAY TO LEARN HOW TO SWAP IN ATOMIC WALLET

Good day friends, permit me to introduce you to my second write-ups on atomic swap. This is another form of having the knowledge properly.
This substance will acquaint you with Atomic Swap trade given by the Atomic wallet. It will cover the significance of Atomic swap, how secure it is and how to complete it with the protected Atomic wallet.
The achievement of bitcoin which was the primary digital money cleared path for other blockchain ventures to make their diverse coins and token to give answers for genuine issues in various divisions. Insights have it that there's right now in excess of 2000 diverse digital forms of money out there, therefore as these distinctive coins fills in as cash, there's a requirement for a stage where they can be trade and this prompts the rise of numerous cryptographic money trade.
This previous year, a great many shoppers have had horrible encounters with the utilization of different accessible wallet and trades, similar to the Bittrex locking represents months, Coinbase regularly smashing and loosing wires, Binance disallowing new clients from making accounts, rise of different phishing site impersonating www.myetherwallet.com to Coincheck and Bithumb being hacked, for all intents and purposes each client of these stages have encountered a considerable amount of problems at some time.
These horrible encounters can be credited to numerous elements, for example, the centralization of these trades that keeps every one of the exercises of the trade on a focal server in which if there's any framework disappointment, the entire trade will be defenseless to hack assaults.
With all these rate, there's a requirement for a superior chance and the atomic wallet is receiving the atomic swap innovation to make a non-custodial trade where client can without much of a stretch swap their crypto resources.
LEARN ATOMIC SWAP NOW Atomic swap is a brilliant contract innovation that empowers trade of one digital currency for another without utilizing brought together delegates, for example, trades. Atomic swaps can happen specifically between blockchains of various digital forms of money or they can be directed off-chain, far from the fundamental blockchain.
Before I continue with how to swap diverse crypto resources with the Atomic swap given by the atomic wallet, I'll like to tell you that with nuclear wallet, you can complete swap of crypto resources as well as play out a scope of usefulness, for example, a wallet for in excess of 300 unique coins and tokens, a simple door to purchase crypto with your bank card, the chance to utilize moment trades, for example, changelly and shapeshift. Essentially, nuclear wallet develops to decrease the exertion and time spent on overseeing crypto resources. The nuclear makes a this functionalities conceivable in one stage which is accessible on basically all working frameworks.
INSTRUCTIONS TO SWAP ASSETS WITH ATOMIC WALLET.
  1. The initial step is setting up your wallet on the off chance that you are not utilizing atom wallet yet, download the perfect wallet for your working framework from the authority download connect: https://atomicwallet.io/downloads
Set up the wallet and spare you seed key safely.
  1. After effectively setting up your wallet, click on the nuclear swap tab in the left corner of the wallet.
Here, There are three tabs "Markets", "Spot request" and "My requests"
TWO WAYS TO SUCCESSFULLY SWAP
  1. Make your very own Swap Order
  2. Acknowledge existing Swap Order
click on the "Spot request" tab, and pick the two coins you need to swap by tapping on the coins ticker.
You can utilize the bolt symbol to change the exchanging pair. At that point set the value, set the exchange rate and Place the request.
With tapping the "Propelled settings" you can determine variable qualities with,so that other individuals will almost certainly pick the amount they need to trade. Subsequent to setting the min sum, click on spot request.
By tapping on "Market value" you can set the extensive/little cost than the market cost. You will most likely set the "Edge percent". At that point click Place request
You can generally check your request history by tapping on My requests" tab in the upper piece of the wallet. Despite the fact that you need to hold up until somebody begin Atomic Swap with you.
You will be asked for to endorse the swap with your atomic wallet secret phrase When somebody will begin Atomic Swap with you.
To acknowledge existing swap orders, you need to tap available tab in the upper piece of the wallet. Here, you will see all the accessible crypto resources markets and their present change rates
  1. pick any of your preferred accessible exchanging pair and snap the SWAP catch
  2. A window will open which will demonstrate to you the request detail and you'll additionally be asked for to give your atomic wallet secret phrase, at that point send Swap ask for to the maker of the exchange request and pause while the maker affirms it
  3. At the point when the maker acknowledges the demand and the swap is confused, all the checkboxes will be green.
  4. You can generally check your exchange Histories by tapping on the History tab in the left corner of the application.
  5. Your swapped resource will be credited into your wallet.
Making a swap is as simple as that with the Atomic wallet. Watch out for my next audit which will covers how to BUY CRYPTOS with atomic wallet.
Its is crystal clear that atomic wallet has setnto reach every crypto clients on this network as the wallet give all the diverse functionalities expected to effortlessly oversee crypto resources in a single stage. Prior to now, there hasn't been an extremely protected and simple approach to trade resources. Indeed, even with the decentralized trade out there, however nuclear wallet makes this conceivable with the Atomic swap innovation.
CONTACT ATOMIC WALLET.
Android download : https://play.google.com/store/apps/deta ... omicwallet
Website : https://atomicwallet.io
submitted by Chika08 to ico [link] [comments]

[uncensored-r/CryptoCurrency] Goodbye, Coinbase. Hello APPC: An alternative method to purchase cryptocurrency directly from the...

The following post by Deliverah is being replicated because some comments within the post(but not the post itself) have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/7pvfsw
The original post's content was as follows:
I recently stumbled upon the "APPC", or "AppCoins" token on Binance while browsing new coin listings.
Like any half-decent cryptocurrency enthusiast, I was intrigued. "Aha! A new coin!"
I took a deep breath and prepared to take a deep dive into the bowels of the internet to figure out what APPC is all about. And by deep dive I mean I googled "AppCoins" and went to their website.
"Oh, they're trying to make a new app store. Good luck competing with Google Play and the iOS App Store!"
Given Google and Apple's combined gigantic market share of the space, I was inclined to move on to the next lucky contestant on the Wheel O' Coins. But on a whim I kept scrolling.
I thought "Wait, what? 200 million users? Over 4 billion downloads? What am I missing here?"
Apparently AppCoins isn't a token from a new startup - it's the token from Aptoide, the #1 ranked alternative to the Google Play store.
From the developer's side, the token is used as an incentive for users to download their apps. The end user is rewarded with tokens based on a unique system that determines if the user is actually trying out the app. The tokens are also used for in-app purchases. They can also be sent to and from one another.
But enough about the token value proposition. You can research it in depth yourself and buy some on Binance if you're so inclined. Whether or not you buy the coin for speculation purposes is not the purpose of this post.
So...what does this have to do with Coinbase?
Well, let's first take a quick look at the AppCoins roadmap:
  • Q1 - Open Source Implementation: Release of the first beta version of Aptoide with AppCoins support
  • Q2 - Pre Load Tier 1 OEMs: Rollout of AppCoins on Aptoide App Store, as well as on other app stores that joined
  • Q3 - App Store Foundation: Production roll-out to all Aptoide clients (and other participant app stores)
By the end of this year over 200 million Aptoide users will have the ability to purchase, earn, and use AppCoins from right within the app.
To give some perspective, Coinbase has 13.3 million users as of October 26, 2017 according to an article from CNBC.
Aptoide has over 15 times the number of active users compared to Coinbase.
OK, you have my attention. Starting to sound like a shill post though. Get to the beef.
Buying cryptocurrency through Coinbase is expensive. Users are nickle-and-dimed at every opportunity:
  • Deposit fees: Free (ACH to receive funds in 3-5 days) through 3.99% for debit/credit card fees
  • Transaction fees: from $0.99 to $2.99. It's a $2.99 + 1.49% variable fee for purchases over $200.
Let's say you're not interested in buying Bitcoin, Bitcoin Cash, Ethereum, or Litecoin.
Instead you want to convert your hard-earned $2,000 US dollars into something else like Ripple. Here's how it plays out:
Your initial deposit: $2,000 Deposit fee: $0 (ACH to receive funds in 3-5 days) through $79.80 for debit/credit card fees
Now you have $1,920.20 - $2,000 in your Coinbase USD wallet
You decide to purchase ETH with the intention of transferring it to an exchange that sells Ripple:
ETH buy order: $1,920.20 - $2,000 Transaction fee: $29.80 for ACH. Fee included in credit/debit deposit (so $79.80).
Total purchase fees from deposit to ETH acquisition: $29.80 to 79.80
EDIT: Adjusted the fee rate schedule to make them accurate. Do these fees still seem reasonable to you, even after the decrease in fees? Search Reddit for complaints about Coinbase fees and see what you find. And if your unconcerned about the deposit transaction price, how about the speed of transaction to fee rate ratio? If we want cryptocurrency to be widely adopted then it should be friction-less.
Come on. Everyone knows that Coinbase is expensive. That's why I deposit my fiat into GDAX to buy crypto. The fees are significantly lower. Quit wasting my time.
Well, that's partially true. Anyone worth their weight in SHA256 hashes knows that GDAX is dramatically cheaper than Coinbase for depositing and purchasing BTC, BCH, LTC, and ETH.
The part that isn't true is that everyone knows that GDAX is cheaper. A more accurate statement is "every cryptocurrency enthusiast/trader knows that GDAX is cheaper". Coinbase does not advertise that GDAX has cheaper fees. There is no GDAX app for a reason - it would heavily cut into Coinbase's bottom line.
Your average crypto newbie buys their first coins through Coinbase because, let's face it, they have an app. Buying crypto on an app is something that your average person can comprehend. Apps are easy to use, trustworthy, and nearly everyone can do it regardless of their age and technical skill level.
Right, apps are easy to use. What a novel thought. You should tour the world giving Ted Talks about how easy apps are to use. Now could you PLEASE get to the point.
OK! I apologize for droning on. I'll cut right to the chase:
Instead of jumping through all the aforementioned hoops with Coinbase, you buy AppCoins from the Aptoide app store and send them directly to your favorite exchange. Then trade the AppCoins for the cryptocurrency of your choice. In theory it should be a faster and more cost-effective way to purchase cryptocurrency.
Hmmmm. OK, I'm starting to understand where you're going with this. But I'm still going to use GDAX. I'd rather buy ETH from GDAX.
Hey, to each their own. I'd rather buy coins in 30 seconds with a couple of taps on my phone and send them right to Binance.
Oh come on. Now you're just shilling. Your whole rant was just a ploy to shill this coin. I'm going to another thread.
Honestly, no. I didn't write this to shill. I guess I'm just tired of Coinbase. And I bet there are others that are less than pleased with their business model and customer service. Remember when they didn't distribute all that Bitcoin Cash?
Ugh, yes. Don't remind me about that.
Sorry! Didn't mean to upset you. I know its a sore subject.
If you read this far then congratulations, you have more patience than your average cryptocurrency trader. May your candles always be green.
Some interesting facts:
  • The number of Bitcoin users is forecasted to reach 200 million by 2024.
  • There are approximately 15 million bitcoin wallets as of September 2017.
  • As I mentioned before, AppCoins will be rolled out as a completed project to 200M users by the end of 2018 whether you want to believe it or not (barring a total catastrophe, of course). Aptoide store users may not even know that they're using a cryptocurrency.
  • AppCoins may be the first real "mainstream" cryptocurrency (by definition of the high number of users with little to no technical knowledge or grasp of blockchain).
  • There will be 200 million users' app transactions on the blockchain. This is a huge step in the right direction for blockchain and cryptocurrency regardless of which coin you support. Rising tides raise all ships.
Needless to say, I think that Aptoide and AppCoins is a project to be excited about regardless of whether you're a cryptocurrency trader or completely uninvolved with the cryptocurrency space. Cryptocurrency is going mainstream this year!
To avoid confusion since Coinmarketcap has APPC listed incorrectly, here is the current accurate financial information. People are going to ask anyway so I would rather supply the correct information:
Circulating supply= 98M APPC Total supply= 246M APPC Coin Price = $2.53 ICO Price = $0.10 Market Cap (CS x P) = $247,940,000 Days on Exchange (Binance) = 7
Thank you for reading!
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Binance’s meteoric rise to become the leading cryptocurrency exchange seems incredulous but possible if you know its founder. Changpeng Zhao worked for the Tokyo Stock Exchange and Bloomberg ... Google Authenticator is free to use from both the Google Play Store and Apple IOS Store. ... I will show you later how to do this on Binance exchange. 3.1 Buy BNB coin: Use a credit card. To buy Bitcoin with credit card you have to choose “Funds” on the left and then click “Buy with creditcard”. After this screen you have to give the details about your creditcard company and you’re ... In our example, we had bitcoin selected and set our buy order at $1 USD for a spot position and executed the trade, at the time of writing we received back 0.0002 BTC. Congratulations! American billionaire hedge fund manager Paul Tudor Jones has recently become more bullish on bitcoin. He declared the cryptocurrency the best hedge against inflation and compares investing in ... ★ Buy Bitcoin Binance - Can You Purchase Bitcoins Bitcoin Ira A Scam Buy Bitcoin Binance Bitcoin Mining Apps For Apple @ Buy Bitcoin Binance - What Is The Bitcoin Made Of Bitcoin Ira A Scam Buy Bitcoin Binance Crypto Currency Guide Can You Purchase Bitcoins Rise In Bitcoin Bitcoin Free Images Buy Bitcoin Binance What Is The Value Of One Bitcoin Via Coinbase What Is The Bitcoin Made Of StormX is available as an app on both the Google Play and Apple Stores, and as a Google Chrome browser extension. As well as being able to claim rewards for indulging in retail therapy, shopaholics can acquire BTC, ETH, LTC, and other assets by completing various micro-tasks such as surveys, videos and sampling products. Hope you have learnt How to use Binance app to buy and sell Bitcons, shoot us your queries below in the comment section and we’ll get back to you asap. FAQ: How to buy Bitcoin, Ripple, Ether, Dashcoin, Litecoin etc. in Binance by paying money? You can use a credit card to purchase your desired cryptocurrency from the app or the website. Can I buy Bitcoin on Binance? No. Binance is not a fiat-exchange, which means you cannot use it to purchase Bitcoin with money (e.g. Australian dollars). Currently they on deal with cryptocurrency trading and deposits. If you wish to purchase Bitcoin to send to Binance, you can do it from this exchange here. My updated review of the Binance Bitcoin exchange will cover everything you need to know for 2018. Don’t trade before reading. Binance has taken the world by storm to become the leading exchange. Rare and high-potential altcoins, unique Maserati giveaways, and bargain basement fees have driven its rise from 0 to market leader in just 6 months. Backed by industry leaders including Binance and Paxos, the introduction of BUSD onto Flow will unlock secure and consumer-friendly DeFi primitives covering derivatives, collateralized loans, P2P ...

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Bitcoin Use Soars, Crypto WatchDog, Binance Margin, Economic Roadmap & Facebook New BFF

This video is for entertainment and should NOT be used for and is not intended to be investment advice or consulting, this is news and my opinions. Photo Credit: binance.com blog Support Me On Patreon! https://www.patreon.com/TheModernInvestor ----- Protect And Sto... If you found this video useful, I'd appreciate it if you'd go through my link to access coinmamma http://bodymindsuccess.com/coinmama This is Altcoin news, from the world of Cryptocurrency. Today we look at a recent update from Binance. Who is willing to offer $250,000 bounty for the arrest of hackers. Google searches seem to so ... How to buy and sell Cryptocurrencys on Binance. BitCoin and Ripple Binance https://goo.gl/AzWFhh Once you buy or sell $100 of digital currency or more will g... This is a guide on how to buy cryptocurrency for beginners using Binance safely and securely, step-by-step. Binance Signup Link: https://www.binance.com/?ref... In this Video I am going to show you how to buy Ripple (XRP) on Binance. You will learn how to deposit BTC, how XRP is traded on Binance and how you can sell it later on. Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next Ethereum Using Bitcoin Cash, Dirty Crypto Money, Banning Bitcoin & Binance US Block - Duration: 34:23. Bitcoin + IRS, SEC Bitcoin ETF, Binance In China, Ethereum Use Case & Bitcoin Price Rise The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ... How to buy Bitcoin with Credit Card on Binance - World's Largest CryptoCurrency Exchange Link : https://www.binance.com/es/register?ref=Y7W9JLID This video i...

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